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TORNADO TRADING

Active
Private limited companyfounded 2013active for 13 yearsTurnhoutsebaan 326, 2140 Antwerpen, BelgiumKBO/BCE: BE 0503.788.405

The file of TORNADO TRADING contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The annual accounts of TORNADO TRADING for financial year 2025 show a net loss of 55% of total assets and of 99% of the equity at the start of that year. The computed 12-month bankruptcy probability is at least 25% (high). The 2025 annual accounts show equity of €2,835 and a net result of -€405,593. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 13% of 9,845 sector peers (NACE 46, financial year 2025).

Overview

Official details

Source: KBO
Status
Active since 04-02-2013 Normal situation
Activity
Wholesale of fruit and vegetables, excluding potatoes NACE 46319and 3 others
Joint committees
119 Paritair Comité voor de handel in voedingswaren
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2022
Establishment units
2.216.509.584 2140 Antwerpen, since 04-02-2013
2.358.576.774 2020 Antwerpen, since 20-04-2024
Financial year end
31 December
Peppol
Reachable since 27-01-2026

Board and ownership

Board

Financial position

7 Critical Checked score 2025
Bankruptcy probabilitywithin 12 months
≥ 25%
Annual accounts 2025
Gross margin
€3,356
▼ 99.3%
Turnover
≈ €52,000
estimated
Loss
€405,593
Equity
€2,835
▼ 99.3%
Total assets
€740,153
▼ 24.0%
Employees on 31-12-2025
8
▼ 68.0%
Score breakdownraises riskReorganisation plan being carried out (approved, Gazette 26-05-2026)Loss of €405,593 (financial year 2025)Liquidity: current ratio 0.35Equity €2,835 (0.4% of total assets)Show the evidence

Checked score

Score 2025
7 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 2% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 25-42
equity 0.4% of total assets
Liquidity 0-44
short-term debt 99.6%
Profitability 0-75
return on assets -54.8%
Bankruptcy probability within 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025 10-2025: 2.2%▲ +1.0 percentage point vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 0.6%▼ -1.6 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 06-2026: 14.6% 07-2026: 14.6%● unchanged vs 06-2026 08-2026: ≥ 25%▲ +13.0 percentage points vs 07-2026highest value 09-2026: ≥ 25%● unchanged vs 08-2026highest value 10-2026: ≥ 25%● unchanged vs 09-2026highest value 11-2026: ≥ 25%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (1.46 in 2024), below 1. Short-term debt is 99.6% of total assets. 99.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 5% of them on solvency, 0% on liquidity, 1% on profitability and 2% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 26-05-2026)
Belgian Official Gazette
raises risk · Loss of €405,593 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.35
NBB · annual accounts
raises risk · Equity €2,835 (0.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9845 sector peers (2025).
NBB · sector comparison
Position among 9845 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
98 days late
2023
22 days late
2022
on the day
2021
3 days early
2020
89 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €408,988 to €2,835 ▼ 99.3% View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €26,857 · 9,824 companies -€405,593 View

Recent changes

  1. · Judicial reorganisation Plan homologationEnterprise Court of Antwerp · judgment of 20-05-2026
  2. · Judicial reorganisation Judicial reorganisation openedEnterprise Court of Antwerp · collective agreement (SME) · judgment of 25-02-2026
  3. · Gazette deed Change of role: ANDICHE Mohamed, from enige niet statutaire bestuurder to director
All 21 events

Comparable companies

These companies have the same main activity as TORNADO TRADING: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €191,000 and €804,000, founded between 2011 and 2019.

CompanyTotal assetsGross margin
TORNADO TRADING Antwerpen€740,153€3,356
FACTA NON VERBA 4 U Alken€803,844-€4,003
FRUIT ON WHEELS Bertem€191,122€2,109
POL TRANSACTION Hoogstraten€326,523€11,196
GROELKE Lier€296,333€3,683
PRIMEURS SELECT Schoten€237,358-€2,526
Free Fruit Antwerpen€636,385-€53,063
Full comparison

Key facts about TORNADO TRADING

What is the company number of TORNADO TRADING?
The company number of TORNADO TRADING is 0503.788.405. The VAT number is the same number with BE in front: BE 0503.788.405.
Where is TORNADO TRADING based?
The registered office is at Turnhoutsebaan 326, 2140 Antwerpen.Company details
What does TORNADO TRADING do?
According to the KBO register, the main activity is wholesale of fruit and vegetables, excluding potatoes (NACE 46319).
What is the legal form of TORNADO TRADING?
The legal form of TORNADO TRADING is Private limited company (BV).
When was TORNADO TRADING founded?
TORNADO TRADING was founded on 04-02-2013.
Is TORNADO TRADING still active?
Yes, TORNADO TRADING is an active enterprise in the KBO register.
How many employees does TORNADO TRADING have?
TORNADO TRADING had an average of 11 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TORNADO TRADING fall under?
In its 2022 annual accounts, TORNADO TRADING states joint committees 119 (Paritair Comité voor de handel in voedingswaren) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of TORNADO TRADING?
The turnover in financial year 2025 is ≈ €52,000. This figure is estimated from the gross margin of €3,356 and 71 comparable companies (NACE 463). It probably lies between €25,000 and €100,000. It is a rough estimate.
Is TORNADO TRADING profitable?
In financial year 2025, TORNADO TRADING made a loss of €405,593.
Where can I find the annual accounts of TORNADO TRADING?
TORNADO TRADING filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TORNADO TRADING due?
TORNADO TRADING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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